v3.25.2
Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Components of Long-term Debt
Long-term debt is comprised of the following:
June 30, 2025December 31, 2024
10.625% senior secured notes due January 15, 2031 (Face value of $700.0 million less unamortized issuance costs of $14.1 million at June 30, 2025)(i)
$685.9 $— 
6.875% senior secured notes due November 1, 2027 (Face value of $485.0 million less unamortized issuance costs of $3.4 million at December 31, 2024)(i)
— 481.6 
Finance leases3.0 2.8 
Other debt9.5 8.8 
Total698.4 493.2 
Less – current maturities5.7 5.0 
Total long-term debt$692.7 $488.2 
(i) See Note 9 for the fair value of the notes.
Schedule of Interest Expense
Interest expense related to the 2031 Notes is comprised of the following:
Three Months Ended
June 30,
2025
Contractual interest coupon$0.8 
Amortization of issuance costs— 
Total$0.8 
Interest expense related to the 2027 Notes is comprised of the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Contractual interest coupon$8.0 $8.4 $16.3 $16.7 
Amortization of issuance costs0.3 0.3 0.6 0.6 
Total$8.3 $8.7 $16.9 $17.3